Common Contracts

2 similar Loan Agreement contracts by Diana Shipping Inc., Top Ships Inc.

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JAPAN I SHIPPING COMPANY LIMITED
Loan Agreement • June 29th, 2009 • Top Ships Inc. • Deep sea foreign transportation of freight

This Agreement sets out the terms and conditions upon and subject to which the Bank agrees to make available to the Borrower a term loan facility of up to the lesser of (a) Dollars fifty million ($50,000,000) and (b) 68% of the Market Value of the Vessel, to be used for the purpose of financing up to 68% of the Market Value of the Vessel.

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